tonight an american woman is accused of killing a russian child in her care amid an ongoing spat between moscow and washington over russia's recent adoption ban against the u.s. . pretty furious her in our military college the names of all from being a fallen soldiers tribute to honoring the king of bahrain is donated millions of pounds to it. the whistleblower breathes a sigh of relief after a failed career and gave him shelter in the pre-dawn embassy secure as another presidential. good evening live from moscow this is r.t.

international is kevin irwin here ten pm now moscow time our top story for you then russia's child's rights and boy is accusing an american woman tonight of killing her adopted russian son it's thought to be the twentieth case of a russian child's death from abuse in american families in the past decade let's go live to what is one important issues in new york what more do we know about what happened to three year old max a man. well according to russian officials this case unfolded in texas where three year old maxime koosman died on january twenty first according to investigators at the hands of his adopted mother another pro conducted by russia's investigative committee revealed that maksim was beaten by his adoptive mother who have also according to reports fed him strong psychotropic medication investigators say that the three year old boy died before medics even arrived at the scene and that his adopted mother was the one to call the medics now an autopsy reportedly

showed that the three year old boy that seems suffered multiple injuries to his head his abdomen and internal organs even prior to his death officials say the boy's arms legs and head were also covered with scratches and bruises and according to reports social services allegedly didn't have any record of the abuse surrounding three year old maxime we are still trying to find out how long he was in the care of his adoptive american mother but so far this is the information that has been coming out in past hours surrounding the case of this three year old russian adoptive boy a few weeks. into law. banning americans from the russians because of previous abuse cases. that is right that russia recently passed legislation known as the yakovlev laws and americans from adopting russian

children of the law cause much controversy both in russia and abroad many criticize the amendment as depriving orphans the chance of a better life with american families but russian officials say the new legislation doesn't aim to target would be adoptive parents or children they say instead the new measure is to combat what they call a u.s. legal system that has a history of treating cases regarding abuse and even manslaughter of russian children and u.s. families with inadmissible leniency russian officials say that the system in the u.s. is very much flawed and russia's envoy on children's rights pavel. a stock of says that it's a problem that's been deep in. fortunately it's usually months after russian. in one case

five years after. and this home with us they do not do. well that information is not reliable they're canceled thousands of russian doctor chewed believing in the us and we haven't got a clue about the ones who are most of them there's no confirmation that they are right and they're not being. in the case of. official say he died in two thousand and eight after spending nine hours in a car where temperature temperatures reached thirty two degrees celcius his adoptive father miles harrison faced up to ten years in prison before being cleared of manslaughter charges back in december and he was freed russian officials say that is one of many injustices that have repeatedly taken place in the u.s. and they would like to see either a change in the u.s. legal system and the courts or they are going to do their best russian officials to protect russian or french from being abused at the hands of american parents were.

playing. britain's top military academies accused of betraying the memory of first world war heroes one of the holes that some of those killed in the first major battles of the war know to be renamed after the king of all ridged stood probably because in london she's got. hall was originally named in order of the bottle of mormons which was one of the first major battles of the first world war it's for the brits fighting the germans thousands of british soldiers lost their lives that but as critics say it looks like the memory of their heroism has been sold for some three million pounds to the king of bahrain has made a donation to sandhurst for that amount of course bahrain is a government that we as we know has been accused of waging a violent crackdown against anti-government protesters over the past two years

since an anti government top prize in began but nevertheless the british government has very strong links to the bahraini regime just to give you an example of a few of those we've got quite a few bahraini security officers who train. just like the king himself did actually we've also had the top former top boss from scotland yard he's now actually overseeing the bahrain police he's employed by the morning tea over there and of course last but not least we've got the sale of u.k. weapons over to bahrain there were last year but they've been very quietly lifted it looks like for the british government the age old adage that money doesn't smell is very relevant in this situation we've had money for the ministry of defense they've defended the move saying that all donations to sandhurst are in compliance with the u.k.'s domestic and international legal obligations and that values as

a nation promise to come from pretty quick pledge millions to red. stopping him from funding some boost with a stroke using some of that money. well that's the question that quite a few people here are asking kevin but it's not just the british side that's been getting stick in this situation the bahraini government has been accused of effectively buying silence in order to avert western governments criticism in the situation and their moms whole deal as i'm calling it it's not the first of its kind we've just heard that the united arab emirates reportedly donated some fifty million pounds to sandhurst despite the fact that their government has been accused of human rights abuses as well. a correspondent there let's go live to london now to talk to a bahraini political activists to show he that she hubby is joining us. good evening to you i'm sure you heard his report there the official response is that

all is above board here nothing wrong with it well what the reaction is from muslims in london are they proud to report. good evening to you. against. this is in short what i would say and what would many of my colleagues would say because for them to say it's war heroes for three million is just simply nothing that is that you cannot just sit in history with that amount of money this is on one hand of course on the other hand or. that britain is grooming this dictator just because he is capable of stealing the people's money and paying them of the world but is ready to support have and to lend him political and security support i believe that this whole should be

renamed the torture. or rather. the name because this this. and this man's name has been linked to torture its own its own commission has established two years ago that he had systematically used torture as a weapon against his opponents so for today to be announced the sandhurst respectable historical. military academy would recall rename. moans home the king hum of the whole is is pathetic just so i don't wonder what. i wonder what the background was here i wonder if there was a kind of behind the scene that we don't know what really is going on but i wonder if there was a kind of behind the scenes agreement that it would be renamed in exchange for this have to donation or do you think it's just a nice kind. show of british good gesture.

well unfortunately the british have shown too good just as too many of them because behinds dictated has not been received by any other government in the past two years since the revolution started even the right to states has refused to meet him or any of his mutants any of his senior officials except london david cameron has been welcoming him quite often he invited them to the jubilee celebrations last year and also he was seen several times attending at number ten downing street and our people our he would have protested his presence in the u.k. at a time when the whole world is asking for for him or on him to do to implement some of the findings of the commission that he had himself established and finance yet the british and the british government instead of raising an eyebrow at the extent

of the world that he has committed they are welcoming him they are grooming him they are. will coming him at downing street at windsor castle and now at the military academy at sundance i think people would are very angry at this just yet and i hope that there will be some sense and that will not happen although he has been invited to attend next month for the inauguration and opening of this whole i hope that mr cameron and the thirty's at sun there's would reconsider this is in because our behind the people would only be more angry at the way britain has this would reduce in and despite the fact that many of our side should have been used to fall down side she had been afraid of going to leave it there you've made your point to perfectly clear we thank you for being on the program such a happy day for me at present foundation live in london. meanwhile britain

is under fire again two for selling weapons to regimes repeatedly accused of human rights violations most recently it's been revealed the u.k. sold millions of pounds worth of small arms weaponry nomination to sri lanka despite its direct quote in treating the tamil minority and the suppression of separatists i spoke to only war campaigner jim brown and he told me of britain's arms sales strategy has long been guarded by anything except respect for human rights because this is the geostrategic questions because sri lanka occupies a very strategic position. in the indian ocean you have the united states what they call the pivot toward asia which britain is dutifully going along with and good relations with the sri lanka would be very valuable in that context also because this whole idea that britain abides by human rights criteria in arms exports simply doesn't make sense and generally should be discounted the arms trade is

a very hard. profitable geo politically important business and that the business which britain is in gauged in arms sales in general and in. particular . disturbing news tonight we're getting a woman to set a cell phone fire at a bank branch in eastern spain apparently in desperation at having lost everything in the country's dire financial crisis she is now being treated for thought to be fifty percent burns to her body we're joined live by a doctor listened to produce an economics professor of parsimony university talk about this and indeed the wider trend of what we see more and more of lately good evening to thank you for being with this is the first such desperate act in spain is it as we've sadly had to report on time and time again it's a painful or tragic trend in europe how bad is life for people in europe right now . well for people in spain the problem with. it and this

trend is linked to the mortgage. with the. housing bullet and drop in the prices of the house this is under the fact that during the boom the banks were lending money to the. people for market just that didn't have the money to pay for these mortgages once they have lost their jobs in fact the banks were risking a lot because they were giving mortgages to people that they were earning very little and didn't have fixed contracts and now they cannot pay them and the problem is lation in spain is that you cannot you cannot just use and get rid of the day you have the whole debt for life and you have a terrible amount of there because it's the depth of the price of the house when you value by those very same banks in the first place of course. yeah yeah

yeah. exactly once accounts of the crisis of the banks and the whole housing by the house as it housing bubble. explode you know telling me. my stomach. is a ring to the people that are. that are expelled from their homes and they cannot because they cannot pay the mortgage and of course unemployment coming into it as well with the big story of course of madrid the marches of madrid against iberia the flag carrier wants to get rid of four thousand jobs doesn't it adding to the pain in spain it's got as a say one of the highest unemployment rates in the e.u. what it for people without a job what's the government doing is it doing enough do you think why the results so slow if not well the problem is that it's a labor reform and for the time being these two flexible eyes the labor market but

the problem is that as we are still in the period of destruction of jobs these labor reform is just facilitating the forces of fire of fire not of hiring people on in the job market the problem is that we had a strong and very bleak entourage construction sector and all these people are not easy to be replaced in other sectors of the economy and with the general crises and . recession that this year. twelve is going to lose their drug in the g.d.p. of more layers one point five per cent of the g.d.p. drop. growth rate. then the other sectors are also suffering and i cannot and cannot attract the people that were jobs that were destroyed in the construction sector and don't know what that hole which we go into a new year so to interrupt what hope as we go into a new year looking at it is

a really sharp and i'm thinking. country everyone's suffering in europe but spain particularly greece particularly when you're looking at your european colleagues in the european scale we're seeing leaders of these countries of the bigger europe trying to get things together they say constantly having meetings they say are they on the right path do you think well the problem is that the. so while the problem is that the austerity measures we're trying to pick and. talk heart they should be done in a more. slow we probably they will flexible lies that we told the. deficit public deficit target for spain and leave they do so. it's not going to be that difficult. because the fact of the austerity in the public sector and strong reduction in the public deficit has been done has kept consequences also in

the economy because less salaries wages for the for the civil servants less. of these has an impact on the general economy and consumption. leads to wait for a flexibility more flexibility. in the public deficit targets and let's see if. i'm going here it stinks a little bit i listen to pollution economics professor barcelona university thank you for your thoughts on the program i or world com thanks to you all right still to come in the program a lot more lined up for you as well on a big business both in income as well but just ahead trouble in france as the country demands users identities are revealed it was big seen as a threat to free speech a step towards cross border censorship but that was good interest you cannot put up with it from us already today. and russian scientists from the first fragments of that meteor or that crashed in the urals last friday causing havoc leaving hundreds

injured to report on the new rock rush there now just a couple of minutes type two if you can stay with us. download the official r.t. application for yourself choose your language stream quality and enjoy your. favorite. if you're away from your television well it just doesn't matter now with your mobile devices you can watch our t.v. anytime anywhere. choose your language. call it we can with oh if you're going to kill some. of the consensus. choose the opinions that you think are great. choose the stories that impact your. child's access to.

technology innovation all the developments from around russia we've got the future covered. victory the world's most famous whistle blower can rest a bit easier tonight after the ecuadorian president's acute his job for another term according to exit polls during the son of the country's diplomatic shield of course meantime in london a decision made by rafael correia more insight now on the small teams innocent. rafael correia is pinned to win and has already declared victory in this first round according to some analysts he was marked to win a third term with this platform seen in ecuador and across latin america as

standing up to the u.s. and friends while the opposition is more or less seen as pro-u.s. here's adrian south the founder of the second republic project. public opinion for all of latin america is growing very weary with u.s. intervention and u.k. intervention throughout the continent which explains why i. don't believe you can argentina brazil. are having government keeping very much four of arms from the united states and latin america this very strong popular movement trying to move away from the united states well craig has benefited from the sentiment by pledging to continue down this road now gray a pretty much securing a third term as ecuador's president will be a headache for washington but is very good news for whistleblower julian assange and he was of course granted political asylum by ecuador the only country to really stand up for him a small country which doesn't have much leverage managed to do to so far make it

impossible for a song to be extradited to sweden for questioning over sex assault charges even with pressure from the u.s. and the u.k. correia has said this that there can't be a problem due to asylum it's neo colonialism a silence has been holed up at the ecuadorian embassy in london fearing he will be arrested if he steps outside and so far hasn't been granted safe passage while under house arrest aslan's premiered an interview show right here on r.t. and one of the guests was nonetheless correia take a listen to some encouraging words from the ecuadorian president to assad's. it is really a pleasure to meet you julian least in this way and. to the club of the persecuted . and that seems to have been the beginning of a beautiful friendship between us songs and ecuador. and it's now

a brush aside his claim they found the first fragments from that rare cause we can count to the meteor that crashed in central russia on friday causing shock and devastation as you'd expect it sprayed debris around for miles injuring more than twelve hundred people either of his can offs in the rules for. scientists of confirms that the tiny pieces that they found at a lake she bought a pool which is around one hundred kilometers or sixty miles away from chile and or parts of that exact meteor which sparked apocalyptic fears in several russian regions on friday they say that the pieces are just around one centimeter in size or less that's like a baby was just shows how massive the blast was since it's estimated that the media would from ten to forty tons nasa estimates that the blast was equal to around thirty bombs dropped on hiroshima and the media exploded while it was still high in the skies above chile no radiation was involved nevertheless it still damaged buildings and shattered windows the consequences of that can still be seen all

across the city like on the sports arena behind me over twelve hundred people were injured including over two hundred children mostly from these pieces of glass flying around. well it's already started a genuine russian rock rush groups of people and snow and ice for bt all fragments that could be worth thousands of dollars a grab yeah that's where they do it worth more than gold going to find more meet your perspective maybe. and more seriously a very serious rating back to reality stirring details coming through japanese research is no padding a bleak picture of other fukushima nuclear disasters affected the health of almost half of the children living in that area.

in it what's acceptable sometimes in one country isn't ok in others and that's indeed exactly what's getting twitter in trouble right now from sort of the micro blogging sites reveal the personal data of users who've posted would deem to be hate messages will pay a hefty fine but because twitter is an american firm operating under u.s. laws. then examines the implications of a move which could potentially open up the censorship floodgates. two democracies stumbling over the concept of freedom the french court has called on twitter to help censor hate speech on the website in france because it violates its laws the tweeter is an american company and the american constitution sets no limits to freedom of expression given that the french worked as we wired to do that the question is how can the french enforce this judge those decision when the union

of jewish students of france took the issue to paris court in october they wanted to stop away with and to semitic messages posted under the hashtag on bones we are a good jew it was the third most popular tagged subject at the time the number of insulting jokes reach thousands but these people all of whom have at least once been attacked for being a jew also wanted to punish those responsible but. we don't want to prosecute or treat these people but just to draw the attention of the northeast to such cases to let them decide whether or not it's a case of racism. or when a special twitter agreed to remove offensive content but the authors were anonymous and punished so french jewish brought the popular micro-blogging site to trial the court decision in january asked the company to divulge the names of people behind the tweets the fight against racism has nothing to do with the violation of freedom

of expression it is an american concept and it cannot be applied in france in the way it is understood in the us we just wanted this part of our live to obey this country's legislation which prohibits public racism but not everyone agrees if freedom is limited they say it's no longer freedom jeremy of jewish origins himself is one of them he says greater liberty shouldn't bring more restrictions but a different approach to controlling the internet you have twitter a private company that may be acting as a judge. deciding what is legal and what is not and removing content which is censorship so i agree that this content should be combated but i don't agree that the private companies such as twitter should implement private or censorship of free speech online this is a major risk today this story has sparked broda discussion of violations of freedom and privacy in france there are at least one hundred ninety pan-european laws

allowing us orgies access to internet users personal information caption web storage is and surveillance. china tomorrow although we are concerned that france the us britain and some other democratic powers are helping to produce internet surveillance technologies for china syria libya egypt and tunisia will if they allow the governments of these countries to use it against their people is there any guarantee that france will not use it against its own people one day. but this tweet to dispute has gone far beyond the borders of the u.s. and france and any greenland reached will affect all subsequent cases skeptics warn that france may be happy to let personal freedom slide the birthday party of liberty equality for eternity france's most famous motto and three peers the country has been resting on since the french revolution and today they face new challenges with racism been one of them and it has many fear and whether both

intolerance itself and the fight against it may see those hard fought principles swept aside. from paris. well the day's big news stories in brief notes and in pakistan militants disguised policeman of attack the office of a top politician in push hours left five dead comes a day after protests across pakistan demanded more security for the shia minority of another deadly bombing that left more than eighty people killed demonstrators waved flags chanted and held up signs calling for attacks against shia muslims to stop. police in turkey have clashed with crowds of demonstrators in front of a prison complex on the outskirts of istanbul activists gather there to protest the long lasting trial for almost three hundred people accused of plotting a political coup allegedly linked to a terrorist network but critics though see it as a tit for tat move against the turkish army for openly showing its discontent with mr read the words islamic leaning of us. the pope has blessed tens of thousands of

people in some peter's square in one of his last appearances as head of the catholic church the eighty five year old is the first pontiff to resign in six hundred years next our people looks at his legacy and the divisions that continue to threaten the church. why did you see how it was that the hierarchy that covered up the sex scandal for years bats the problem too isn't it. and it's certainly years since they have the tower years are going chaos nancy jump in this is cross talk go ahead the council of bishops has been very firm and the hierarchy about these catholic nuns for taking. exactly the positions you're saying they should be taking and that i agree that they should be taking but it matters you seem to say that the road is a rope you know that some people would say some people say that the only thing that that creates a catholic church is the fact that we have

a pope that we have these bishops and cardinals who get get behind closed doors and with a little puff of smoke they tell us really why duty is to be. a true face bearing catholic. people seem gearing up for next to do that with you know i was tommy or nazi from moscow right now kitty pilgrim is with me must be time for a bump of business tonight is monday night and good news currency wars are no more or of all about the question as far as christine legarde the i.m.f. chief is concerned and she has dismissed the whole notion of it all saying it's all completely untrue but why is she doing this kevin. can send markets well they're

not doing much because the u.s. markets are closed as president is exactly so elicit a little bit subdued at the moment but we're hoping for market reaction smore i've done but the question to all of this is unless economists or i said it all saying what about women they do exist and that's exactly what we're going to be talking about in the business press and the right excellent. i. think.

she good laboratory kirby was able to build the world's most sophisticated robot which doesn't give a darn about anything mission to teach religion why you should care about human. this is why you should care what you're only on the. big g. twenty leaders have taken a united front saying that there was no such thing as the current sea wall is now the head of the international monetary fund that christine legarde strongly

dismissed concerns over the money manipulations at the group of twenty nations the g twenty now this is amazing of course to find out some of this isn't central bank is in moscow. i'm not going to. i think i've been quite explicit on this you know no currency war currency were is no division corp discipline and the i.m.f. having to do its job on the capital flows of review and guidelines and on the external sector report which reviews the if you will in the fair value of currencies zero currency war ok that's very simple i would have to say it again i'll be happy to repeat it as often as as this is very. well the numbers seem to indicate the opposite now measures taken by the japanese government to weaken the yen for instance they fall off the country's markets than

a tape has been the best performing both this year gaining nearly ten percent now with this in mind honest says mr god should wake up and smell the coffee. it is extremely damaging from the point of view of the i.m.f. and pretty much everyone else you the world what the global into the outright currency wars currently we're kind of in this if you want strange equilibrium whereby large novel the g seven countries and particularly u.k. us. to begin with engaged in there are vert currency war if that were to become very public and very direct as japan has signaled in recent months that it is more than is their action that its policies to pursue weaker yen for the purpose of experts generation for the purpose of economic stimulus then we're going to have a big trouble on our hands and christine lagarde recognizes that and so she's playing better cautious games there in terms of simultaneously warning about the dangers but at the same time saying well look there's

a danger which only in the future so we don't have to worry about it unless we fail to respond to this do you think that in her position of power as head of the beth she has a certain jussi to recognize the situation and perhaps advise these that global leaders to try all the ways to spend growth other than fiddling with them monday indued absolutely and i'm sure that she's engaged in that and on the technical side isn't gauging the kind of discussion purposes remember again i.m.f. is the consensus based international organization so it's a link which is at the best of times is very failed there virt it's not it never is that record is always this kind of reading between the lines and of course in public statements it is even more so so i'm sure behind the scenes there are discussions going on because i am aware of the fact that i.m.f. is very severely concerned not just with japan but once again with what's going on in the united states in the united kingdom i k. to conclude now was case scenario of this current civil worse case scenario of the

stars he worries it's going to spill into protectionism and destruction of the trade flows in the major nations i don't foresee a month where simply to integrate the globally right now especially just seven so i don't see that at least materialized but that certainly is the worst case scenario currency of war still in the trade war. our let's take out the markets it's been a relatively quiet trading day that's because u.s. stocks all closed for president states who got volumes predictably low though one big loser culls as i say biggest decline and that's after disappointing earnings reports and asia. on the continent that the dots around half a percent positive territory not for london they're around to ten down big week this week we've got our confidence surveys from germany we've got u.k. labor data coming out of course and autonomy and general election as well to look out for let's check out the russian ruble and see what happens the russian currency

managed to finish up chile strong against both the common currency and the us dollar you can see just the first day of the trading way the russian actually does that now again predictably it's been a quiet monday march because of us being close not much international news to go along with but as you can see we do have light gains our oil prices aren't doing much a tool as well so we're missing that both the r.t.s. on the my six i managed to finish around the zero level in positive territory like guys talk about some of the gains we've got. red october they managed to jump around one percent now if you are looking for a billionaire you now have more of a chance of finding one here in russia now that the number of four to shots up to an historical one hundred on the c one now according to a new survey by c.e.o. magazine the total amount so please billionaires accounts to an impressive four

hundred fifty billion bucks in over and i said who all these people that i started for the second year in a row also football club share holder he's up there at least he holds the top spot the runner up is chairman of russians still make and about to mail lists bits of excel bug and other metals but it is in the ball that's off the leap frogging nine places his best. football club owner roman abramovich came in at a distant eleven his watch is around eleven and a half a billion dollars. ok the meteor strike that set the russian skies and light has entered the atmosphere at a cost of thirty three million dollars this is some of damages so far to the t.v. of things where the rocket but the region is now on track to becoming

a terrorist destination some locals are using the loss of their advantage by selling off the meteorite fact men's and average could reach up to fifty dollars a grab while red pieces of. motion meteorites myself a thousand dollars a gram of perhaps even more almost twenty times the current price of gold yet they give that is my advice for you now i'll be back in less than two hours time with more business to stick around here because we have plenty more we've got the president of the world bank he tells off areas sophie shevardnadze so tell us all about it stay with us. all of those north korean scamps added again another nuclear test in north korea has made all the headlines trust me nuclear missiles are something worth being

concerned over but haven't we heard this song and dance before all the way back in two thousand and two the north koreans calling for the b.b.c. rule that they have a secret weapons program and turned their young beyond nuclear reactor back on since then every once in a while a missile flies and people see the war's coming and silence then another test of some sort shock horror and then silence again with great just uses this is a bargaining tool to get what they want and rather how wacky the north korean state may seem they understand that launching one or two missiles against united states means they probably won't even hit their target and in return their entire country will be turned into ash instantly this situation really isn't cause for concern until something big changes like the us not being in a position to support south korea japan or some other dramatic event that changes the game like china giving up their support for the north korean side but for now the cycle just keep going on and on and about two years the same headlines will be back with the same fear will be back lather rinse repeat but that's just my opinion .

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juno came the president of the world bank it's great to have you with r.t. today sir thank you so much for having me so you pleasure to continue the world backs mission to fight world party it's actually a policy which recently became a priority for the bank but a startling eighty percent of people in the world still live under ten dollars per day when do you ever stop and say i'm fighting windmills well you know i feel that i have the best job in the world you know the fact that we walk in every day and on the wall of the world bank states our dream is a world free of poverty you know there's there are eighty percent who were living on less than ten dollars a day but there are also one point two billion people living on less than a dollar twenty five a day so the fact that fighting absolute poverty extreme poverty conditions that no one should live under is i think one of the great privileges of working for. or a group like the world bank group but when you think of the wall party in general

it's still such an abstract thing i mean i know that you've had a remarkable career as a doctor working in the fields every day in places like south americas russia say bierria maybe do you feel that you are more useful than helping directly people than finding something that's so intentional you know you know it's become more and more tangible over time so for example we know now that investing in health investing in education investing in social protection programs are critical to lay the foundations for the kind of economic growth that will lift people out of poverty and the other thing we know is that every country in the world has to think about how to grow their private sector you know this is a real issue here in russia president putin has said that he wants to improve his business climate and wants to move quickly up the rankings to be among the top twenty countries in the world in terms of ease of doing business every single country in the world has to figure out how to grow their private sector so that

businesses can grow and create the kind of jobs that people want if you look around the world and see the kinds of crises that are erupted specially for example in the arab spring those crises were specifically about the lack of jobs the lack of access to the economy the inability to feed their children so we now know a lot about what it takes to lift people out of poverty provide them health education social protection and then figure out ways of having the right kind of fiscal policies the right kind of monetary policies grow your private sector so our messages while they have to be tailored to each individual situation is very encouraging in a sense because we think there is a path for all countries to grow their economies to provide the basics of health education so that their people can live a productive and dignified lives cassy something where some of your thoughts about world bank. for you became it's had because it's an organization that's in

a constant state of becoming and change i know that in two thousand even wrote a book somewhat criticizing the bank well you know this is. i'm so glad you said that because very few interviewers actually understand how much the bank has changed you know one of my first trips to washington d.c. was actually to protest the bank we were part of a movement called fifty years is enough and at that time we didn't feel that the bank was on the forefront of issues like environmental sustainability gender equality importance of access to health care and over time as the evidence has grown the bank has shown that it focuses on data that focuses on fact that it tries to take evidence from the studies often that they do themselves that give a clear idea of just what you need to do in order to grow your economy to provide jobs those basic services so the bank of twenty years ago is very different than the bank of today today i have to say the fundamental values and mission of the

bank are completely in line with the work that i've done for my entire life i'm just going to continue with the thought of a world bank being under permanent pressure and permanent criticism from left from the anti global is from the uk to bury some you name it and it's been going on for decades and decades it does still have that image of being is the call for the united states and for multinationals to increase to creep over the developing countries developing can you change that i think it's already changed one of the things i did when i came in was to spend most of my first six months walking around the world bank both in washington d.c. and in the countries that i visited and i asked them some fundamental questions who are we what are we here to do what are our most fundamental values and how does that relate to our mission and our strategy and what i found was that there was a deep and there is a deep vein of past. for fighting poverty you know we have some of the brightest

people in the world these are people with ph d.'s in economics and engineering in all these fields from the top institutions in the world they could make a lot more money if they went outside the world bank into the private sector but the reason they stay in the world bank is because they want to fight poverty and so i think that. it's far more a public relations issue than it is a substance issue inside the world bank person after person after person tells me i came to the world bank group because i wanted to fight poverty my job now is to make sure that everyone else in the world understands that that's what we do because there are three main points to people understanding what you do is good and it's not in the interests of big corporations and richer nations first point being that you know donor countries don't and governments are the richest countries in the world and they would not do anything unless it serves their national interest and interest of their national businesses corporations and as well i mean they're not here for charity that really here for profit that's the general understanding second point is that you know the world bank has always been under us power more or

less because it's always been headed by an american and it has to most voting power within the bank you know so you can't really talk about even handed. approach within the bank and so a lot of local communities who actually tell you that you know you know you when you come to help me to actually helps you more than it helps me in the long run those are the three main points how do you react to them so. first of all when i was elected for the first time in history there was an actual election and i had to run against two other candidates and i spent a lot of time campaigning for this position including flying here to russia to make my case that i would be the best next rollback president you know there's no question the there are very powerful countries in the world the us being one of them but i can guarantee you that at the world bank the issues that we talk about are very focused for example we. are always looking for the issues that are in

everyone's interest to tackle let me give you two examples the situation in the hell with mali you know this is a situation that is so worrisome to the entire global community and our role there once the fighting slows down it's going to be very specific our role is to try to provide the kind of support so that mali and other countries in the hell can actually build their economies what the young people want are jobs if you go to countries like cuba or liberia other places that have these enormous conflicts the critical task is to rebuild their economies so that former soldiers can get a good job now this isn't everybody's interest and at the world bank we especially focus on those issues climate change for example as i said you know twenty years ago the world bank was not at the forefront in terms of leading the fight against climate change thinking about environmental sustainability we want to move into that position now i've been writing a lot about it i've been talking to lots of different groups we want to be on the cutting edge of fighting climate change because in my view there are so many things

that go beyond the political level the negotiations around the kyoto protocol these negotiations are critically important you've got to go on in the meantime we've got to try to build functioning carbon markets you know find a price on carbon we've got to try to remove fuel subsidies we've got to try to build better cities that aren't so polluting we've got to improve agriculture the world bank is going to be on the very forefront of those issues that are not in one country's interest but the but are there in everyone's interest what happens when someone like hugo chavez quits the world bank saying that too much power and that he gets chinese money to finance his projects to stop to think maybe the balance of powers is changing you know the world is becoming too cantore multi-polar maybe we've got competition where you know there's a there's a lot of different organizations that are putting money into development the chinese have a have a very robust program. many parts of the world there are other multilateral development banks and there's

a lot of individual countries that put their official development assistance insistence into countries but let me assure you there's plenty of poverty to go around for everyone in terms of investing in developing countries our expertise is pretty specific we're sixty six years old we have one hundred eighty eight member countries we work in over one hundred countries we have tremendous expertise not only in terms of the data and the articles we've written and the studies we've done but just in the lived experience of our employees we actually know how to get bridges built how to get roads built and so this is our great strength i think that no matter how many new players enter the scene there will always be a central role for the world bank because of our expertise because of our global reach and because the fact that our primary concern and this is very clear i've made it clear the board has made it clear with me ending poverty building shared prosperity is what we do when we talk here about fighting poverty and inequality do

you sympathize with that ninety nine percent where they occupiers well our main goal is in fact to work with an even smaller group in addition to the ninety nine percent and the group we're talking about is the one point two billion people living in extreme poverty it's twenty percent of the world now but that's not the only group that we're working on what are we trying to do we're trying to ensure that the group that live in extreme poverty can enter the middle class i mean that's that's really what we want to do they're going to become consumers they're going to become participants in the global economy but in countries like russia we also think we have a very important role to play you know russia is trying to do things like improve its business environment improve its health care and prove its education and there's tremendous expertise in this country but we have expertise that stretches across countries we have helped in experience working with lots of other high middle income countries. korea indonesia there's many countries that we've worked with and we think that that experience brought here to russia would give the

russian professionals who are of course extremely qualified ideas about what they might do to improve the systems that they have we feel that we're relevant in all those countries we feel that fundamental questions of of equality are central to what we do and we will continue in that when i mention it i mean really brought together people that were so different students and scholars and anyone joseph stiglitz worked for the world bank a lot of people that i've spoken to americans noble peace prize winners they say that the inequality the issue that spurred the very per test really puts the united states in great nation and consequently the rest of the world the inequality do you agree well one of the things that we focus on in you know we don't have projects in the united states and united states is a member country but we don't have projects in the united states but in a very specific sense here's what we do we look at what it is that causes

instability in societies and what we found is that if you lock people out of participating in the economic growth of a country you get situations like you saw in the arab spring now we're not talking . specifically about a particular program we're not recommending. any kind of political solutions that's not what we do what we focus on is how can you do the right things in the government so that you create an environment where the private sector can grow the kind of jobs that people really want ninety percent of all jobs in developing countries are created by the private sector this is our most recent world development report so our role is fairly clear we think that an inclusive approach to economic growth is by far the most effective and the most stabilizing way for a country to grow and that's based on evidence that info. we've collected over many many years with the euro being in critical state do you feel like you can pour more

money now into the european countries rather than their own countries well let me just say that over the last nine to twelve months we've seen very remarkable acts of solidarity on the part of the european countries i think there are many people who doubted whether the europeans would step up and ensure the future of the euro and ensure that the stability of the european union and i think now there's just no question that the terrorists have been decreased we still have a lot to do country still have a lot to do in terms of moving forward on the structural reforms that they've promised to undertake but it's a much different g twenty meeting today than it was six months or nine months ago thank you very much for this interview thank you.

new year's celebrations on the move with the traditional t.v. all face to food surprising meetings and new adventures stories of love and love lost russians teach foreigners to celebrate them biggest holiday of the year for moscow st petersburg by train over. there may be miracles. olympos. clinically. and over the speed.

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